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a.Identify the range of output exhibiting increasing returns (increasing MP), and the range exhibiting diminishing returns (decreasing MP) TVC (S) Q 10 24,450 20 39,600

a.Identify the range of output exhibiting increasing returns (increasing MP), and the range exhibiting diminishing returns (decreasing MP)

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TVC (S) Q 10 24,450 20 39,600 30 48,150 40 52,800 50 56,250 60 61,200 70 70,350 80 86,400 90 112,050 100 150,000 TC 38,750 53,900 62,450 67,100 70,550 75,500 84,650 100,700 126,350 164,300 AVC 2445 1980 1605 1320 1125 1020 1005 1080 1245 1500 AC MC 3875 - 2695 2081.66667 1677.5 1411 1258.33333 1209.28571 1258.75 1403.88889 1643 1,515 855 465 345 495 915 1,605 2,565 3,795

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